4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
Based on its average 5-year and quarterly capital gains ELTHAM NORTH, 3095 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ELTHAM NORTH, 3095 obtained a 5.04% growth over a ten-year period. It ranks 1518th on our list of suburbs that property investors should look into.
ELTHAM NORTH, 3095 in VIC belongs to the local government area of Nillumbik (S).
ELTHAM NORTH, 3095 has a capital gain of 7.53% for the past year, which is higher than average compared to its 33.16% growth within a five-year period.
With the median home price in ELTHAM NORTH sitting at $1,000,000, and the average rent at $562.5, property owners could potentially earn a 2.93% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ELTHAM NORTH are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,000,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.35% | N/A |
| Median 12 month | 7.53% | N/A |
| Median 3 years | 11.11% | N/A |
| Median 5 years | 33.16% | N/A |
| 10 years average annual | 5.04% | N/A |
| Weekly media advert. rent | $562.5 | N/A |
| Time on Market | 40.8 days | N/A |
| Gross Rental Yield Percent | 2.93% | N/A |
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One word: commercial. ...
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